An executive confirms that Mastercard is open to the use of cryptocurrency but there is a major catch involved. Banks have notoriously been steadfast in their opposition to cryptocurrencies and this is for a very good reason. The peer-to-peer economic marketplace of digital currencies is a direct threat to the current financial monopoly held by banks and other financial institutions. Which is why it was surprising when an executive at Mastercard said that the credit Read More The post Mastercard Open to Cryptocurrency But Theres a Catch appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/mastercard-open-cryptocurrency-theres-catch/